Applied Optoelectronics's Options Frenzy: What You Need to Know

Financial giants have made a conspicuous bearish move on Applied Optoelectronics. Our analysis of options history for Applied Optoelectronics AAOI revealed 21 unusual trades.

Delving into the details, we found 38% of traders were bullish, while 47% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $432,603, and 15 were calls, valued at $986,947.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $22.5 to $50.0 for Applied Optoelectronics during the past quarter.

Volume & Open Interest Trends

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Applied Optoelectronics's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Applied Optoelectronics's whale activity within a strike price range from $22.5 to $50.0 in the last 30 days.

Applied Optoelectronics Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

About Applied Optoelectronics

Applied Optoelectronics Inc is a provider of fiber-optic networking products for the Internet data center, cable television, telecommunications and fiber-to-the-home end markets. The company focuses on designing and manufacturing a range of optical communication products from components, to subassemblies, and modules to complete turn-key equipment. Demand for Applied Optoelectronics is driven by bandwidth demand in end markets. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. The company derives maximum revenue from Taiwan.

In light of the recent options history for Applied Optoelectronics, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is Applied Optoelectronics Standing Right Now?

• With a trading volume of 1,020,369, the price of AAOI is down by -2.23%, reaching $36.98.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 59 days from now.

Expert Opinions on Applied Optoelectronics

4 market experts have recently issued ratings for this stock, with a consensus target price of $34.25.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * In a cautious move, an analyst from Northland Capital Markets downgraded its rating to Outperform, setting a price target of $40. * An analyst from Rosenblatt persists with their Buy rating on Applied Optoelectronics, maintaining a target price of $44. * An analyst from B. Riley Securities has revised its rating downward to Sell, adjusting the price target to $14. * An analyst from Raymond James persists with their Outperform rating on Applied Optoelectronics, maintaining a target price of $39.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Applied Optoelectronics, Benzinga Pro gives you real-time options trades alerts.